What is the meaning of this for trades in call auction from nse site…?
Penalty for certain trades - In the event where maximum of buy price entered by a client (on PAN basis) is equal to or higher than the minimum sell price entered by that client and if the same results into trades, a penalty shall be imposed on such trades. The penalty shall be calculated and charged by the exchange and collected from trading members on a daily basis.
Does that mean if a stock is in call auction category and cmp is 100 and i place a stop loss order to buy at 110 and it gets executed i have to pay a fine?Can i do after hours order in stocks in call auction category?